THE PURPOSES FOR WHICH NLS WAS ORGANIZED WERE: (I) TO RECEIVE, ADMINISTER AND DISBURSE FUNDS EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES WITHOUT PECUNIARY GAIN TO ITS MEMBERS; (II) TO MAKE LOANS FOR THE BENEFIT OF PERSONS OF LOW-MODERATE INCOME WHO RESIDE PRIMARILY IN TARGETED NEIGHBORHOODS FOR IMPROVEMENTS TO THEIR RESIDENCY;(III) TO STEM OR OTHERWISE PREVENT DETERIORATION OF EXISTING HOUSING STOCK IN TARGETED NEIGHBORHOODS;(IV) TO PROVIDE IMPROVED HOUSING OPPORTUNITIES FOR PERSONS OF LOW- AND MODERATE-INCOME.
Executive compensation
Form 990 · Schedule J · 3 reported individuals · Filing year 2023
| Position | Total |
|---|---|
Chief Executive Officer | $21k $23k |
Chief Credit Officer officer (unspecified) | $19k $21k |
Chief Operating Officer | $9k $10k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 8 unpaid individuals.
What Housing & Shelter executives earn in Illinois
Comparable housing & shelter organizations in Illinois pay their highest-earning executive a median of $57,528.
These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 53 organizations across 53 filings (2022 – 2023).
See full Housing & Shelter pay data for Illinois →Compare any role, sector, or revenue band
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